Seattle man says Bank of America owes him $125,000

William Bossen says he owns a bank bill his grandfather got for him from Rainier Bank, which was eventually bought up by Bank of America. But BOA says it has no record of it.

Author:
Ted Land

Published:
4:58 PM PST January 4, 2018

Updated:
6:11 PM PST January 4, 2018

A Seattle man says Bank of America owes him $125,000, but the financial giant is refusing to pay. He thinks other bank customers, who expected a handsome earning on their investments, might be in a similar situation.

William Bossen owns a bank bill -- a type of bond which was common in the 1980s. It was similar to a CD, but it had much higher interest rates. He got it as a gift from his grandfather.

“Wow, what a gift my grandfather gave me. This is amazing. My mother squirreled it away. I had no idea. I forgot about it,” said Bossen.